[The following information applies to the questions displayed below.] FedEx Corporation reported its balance sheet at May 31, 2019. Assume the following alphabetically listed accounts were included in its trial balance immediately prior to preparing the financial statements. FedEx CORPORATION Adjusted Trial Balance At May 31, 2019 (millions of dollars) Debit Accounts Payable Accounts Receivable Cash Common Stock Depreciation Expense Dividends Equipment Goodwill Income Tax Expense Income Tax Payable Interest Expense Interest Receivable Interest Revenue Credit $ 2,960 $ 9,200 Accumulated Depreciation 29,100 2,300 3,200 3,300 710 59,500 10,900 120 3,300 590 200 Notes Payable (long-term) Notes Payable (short-term) 60 27,600 1,000 Office Expenses 13,760 Prepaid Rent 900 Rent Expense 3,300 Repairs and Maintenance Expense 2,800 Retained Earnings 14,770 Salaries and Wages Expense 24,800 Salaries and Wages Payable Service Revenue Supplies Transportation Expense 1,740 69,700 500 20,550 $153,430 $153,430 E4-2 (Static) Part 3 3-a. Prepare an income statement for the year ended May 31, 2019. 3-b. Prepare a statement of retained earnings for the year ended May 31, 2019. 3-c. Prepare a classified balance sheet at May 31, 2019